Dover Completes Sale of Environmental Solutions Group Business

10/8/24 5:05:00 PM ET

$DOV

$TEX

Industrial Machinery/Components

Industrials

Construction/Ag Equipment/Trucks

Industrials

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DOWNERS GROVE, Ill., Oct. 8, 2024 /PRNewswire/ -- Dover Corporation (NYSE: DOV) today announced that it has completed the previously reported sale of its Environmental Solutions Group business, which was part of Dover's Engineered Products segment, to Terex Corporation (NYSE:TEX).

About Dover:

Dover is a diversified global manufacturer and solutions provider with annual revenue of over $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 24,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.

Investor Contact:	Media Contact:
Jack Dickens	Adrian Sakowicz
Senior Director – Investor Relations	Vice President – Communications
(630) 743-2566	(630) 743-5039
[email protected]	[email protected]

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SOURCE Dover

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Recent Analyst Ratings for

$DOV

$TEX

Company	Date	Price Target	Rating	Analyst
Dover Corporation $DOV	11/13/2024	$217.00	Neutral	UBS
Dover Corporation $DOV	10/28/2024	$227.00	Peer Perform → Outperform	Wolfe Research
Terex Corporation $TEX	6/28/2024		Mkt Perform	Raymond James
Terex Corporation $TEX	6/26/2024	$60.00	Neutral	Citigroup
Terex Corporation $TEX	3/18/2024	$63.00	Overweight → Neutral	JP Morgan
Terex Corporation $TEX	3/14/2024	$73.00	Buy	Truist
Terex Corporation $TEX	2/13/2024	$61.00 → $62.00	Buy → Neutral	UBS
Dover Corporation $DOV	2/5/2024	$190.00	Neutral → Buy	Seaport Research Partners

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Dover Completes Sale of Environmental Solutions Group Business

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$DOV$TEX Large Ownership Changes

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Amendment: SEC Form SC 13G/A filed by Dover Corporation

SEC Form SC 13G filed by Terex Corporation

SEC Form SC 13G/A filed by Dover Corporation (Amendment)

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Director Wandell Keith E was granted 870 shares, increasing direct ownership by 10% to 9,534 units (SEC Form 4)

Director Spiegel Eric A. was granted 870 shares, increasing direct ownership by 9% to 10,959 units (SEC Form 4)

Director Manley Michael Mark was granted 870 shares, increasing direct ownership by 82% to 1,932 units (SEC Form 4)

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UBS initiated coverage on Dover with a new price target

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$DOV$TEX SEC Filings

Terex Corporation filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

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SEC Form 10-Q filed by Terex Corporation

$DOV$TEX Insider Purchases

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Director Sachs David A bought $569,800 worth of shares (10,000 units at $56.98) and gifted 10,000 shares, decreasing direct ownership by 3% to 313,954 units (SEC Form 4)

Director Rush Andra bought $119,864 worth of shares (2,205 units at $54.36), increasing direct ownership by 11% to 21,983 units (SEC Form 4)

Sachs David A bought $2,552,250 worth of shares (50,000 units at $51.05) (SEC Form 4)

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